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3.01 Vocabulary

Business activities

TermDefinition
Goals Aimed Achievements.
Mission The main purpose of a business or organization.
Business for profit Earns money to grant financial goals.
Nonprofit Earns money to succeed in a specific mission.
Resources Goods and Services.
Business activities Actions that businesses do to generate their profits.
Profits Money left over after paying off expenses
Production The process of
Financial analysis The process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources
Overhead An expense that continues to operating a business.
Financing The use of funds.
Angel Investors Investors that use venture capital to get a business start and running from the start.
Debt Money owed.
Bonds Debts privacy (security)
Loans Money borrowed.
Interest A bill a business have to pay a lender.
Equity What a business owns or controls minus debt.
Assets
Accounting
Financial Records
Expenses
Income
Human Resources Management
Human Resources
Supervisors
Managers
Executives
Recruiting
Orienting
Information Management
Database
Technology
Marketing
Credit
Operations
Manufacturing
Quality control
Purchasing
Inventory Management
Strategic management
Vision
Strategies
Tactics
Revenues
Credit rating
Job Descriptions
Merger
Outsourcing
Virtual service
Created by: jacobie.b354
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